News

Wood Partners Apex Land Buy Paves Way for Apartment Venture

Atlanta & Southeast + Apartment Buildings

Wood Partners, in partnership with Marcus Partners, has broken ground on Altera Heights, a 280-unit multifamily community located in Apex, North Carolina, a suburb of Raleigh. The Triangle Business Journal reports Woods acquired 13.5 acres north of Highway 64 for $4.9 million. Located at the intersection of Jenks and Wimberly roads, the community will include...

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2026 Multifamily Leadership Series: Hessam Nadji, Marcus & Millichap

Apartment Buildings

Connect CRE is focusing on multifamily for the fourth year of its annual Leadership Series.We invited 18 apartment heavyweights to provide their unfiltered views of the current market, its challenges and opportunities. The insights of these power players have been collected in a downloadable report, and we’re also presenting them individually, in alphabetical order. Here are...

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MSCI: Office Prices Show Signs of Recovery as Industrial, Apartments Lose Momentum

Apartment Buildings

In the years following the pandemic, industrial and multifamily properties were the darlings of commercial real estate investors. Meanwhile, the office sector, weighed down by high vacancy rates and screaming headlines about “urban doom loops,” was relegated to the bottom of many investment strategies. That dynamic could be changing. According to MSCI’s Q2 2026 Real...

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The NRP Group Breaks Ground on 336-Unit Multifamily in Ohio

Chicago & Midwest + Apartment Buildings

The NRP Group announced the groundbreaking of OSU East, a 336-unit housing community in Columbus, Ohio. OSU East marks The NRP Group’s first market-rate community in Columbus. The project is situated on a 27.5-acre site on West Dublin Granville Road that will include an additional 138 for-sale townhomes developed by M/I Homes of Central Ohio...

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Lexington Homes to Build 53 Townhomes in Chicago’s North Shore

Chicago & Midwest + Apartment Buildings

Chicago-based Lexington Homes announced its second new townhome community, Northbrook Row, in Northbrook, Illinois. The new development will offer 53 townhomes and feature a combination of homes from the builder’s redesigned Mews floor plans. Located at 1825 Shermer Road, Northbrook Row will offer 33 single-family rowhomes with three levels of living space, a private yard...

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Greystone Provides $106M Freddie Mac Refi on Two El Cajon Properties

California & West + Apartment Buildings

Greystone has provided a combined $105,780,000 in Freddie Mac refinancing for two multifamily communities in El Cajon. The financing, totaling 476 apartment units across Colonnade at Fletcher Hills and Forest Park at Fletcher Hills, was originated by Clint Darby and Andrew Remenschneider of Greystone on behalf of Bridge Investment Group. Spencer Dunlop, managing director, Bridge Debt Capital Markets,...

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Value-Add Revere Beach Apartments Refinanced for $67M

Boston & New England + Apartment Buildings

JLL Capital Markets arranged a $67.256-million refinancing for Eliot on Ocean, a 194-unit multifamily property at 660 Ocean Ave. in Revere Beach, MA. Senior managing directors Scott Aiese and Tom Sullivan and director Alex Staikos represented the borrower, Invictus Real Estate Partners, in securing a three-year, floating-rate loan through Bridge Investment Group Holdings Inc. Built in 2016, the...

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Gantry Secures $15M Construction-to-Permanent Loan for Seattle Multifamily

Seattle & Northwest + Apartment Buildings

Gantry has secured a $14.6 million construction-to-permanent loan for the Milano Issaquah Apartments, planned for delivery at 2300 Newport Way NW in Issaquah, just east of Seattle, Washington. Strategically located within the Central Issaquah Plan Area near major local employers, including Costco’s global headquarters, and with ready access to I-90, the project is slated for...

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